On Tuesday, the dollar/” title=”Mexican Peso Sinks to Lowest Point of the Week against the US Dollar”>dollar index (DXY00) surged by +0.83%, reaching a 1-week high. The increase in T-note yields boosted the dollar’s interest rate differentials, while a decrease in stocks drove up the demand for the dollar. Geopolitical risks also played a role in… » …
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Rising Bond Yields Propel Dollar Upward
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